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We are seeking an experienced Business Analyst / Project Manager with a strong background in large change initiatives driven by the U.S. Treasury Clearing Mandate.
The ideal candidate will have a proven ability to independently lead project management or business-analysis activities – including requirements gathering, solution design, and process improvement to support readiness for the SEC's U.S. Treasury Clearing Rules.
This will include:
- Defining and assessing new clearing access models (Direct, Sponsored, Agent Clearing).
- Enhancing front-to-back clearing and margin workflows across cash and repo products.
Key Responsibilities:
- Lead end-to-end business analysis for U.S. Treasury Clearing change programmes.
- Design and enhance processes to support clearing submission and margin management
- Collaborate with cross-functional teams including Front Office, Treasury, Operations, Finance, Legal, Risk, and Technology.
- Conduct quality-assurance reviews on existing flows and identify efficiency opportunities.
- Produce clear documentation for Target Operating models, process maps, requirements, governance packs, and status reporting.
Must-Have Skills & Experience:
- Strong analytical and problem-solving skills, with the ability to translate regulatory text into business and technology requirements.
- Excellent stakeholder-management and communication skills; comfortable engaging with senior Front Office, Collateral management, Operations, Finance, and Technology leads.
- Operational experience in:
- Trade Booking Models
- Collateral Management
- Middle office controls
Desirable Knowledge:
- Collateral Management: understanding on Initial Margin, Variation Margin
- Repo Markets: Especially how US Treasuries sare used as collateral in repo transactions.
- Clearing Models: Bilateral vs. central clearing, novation, and netting.
- Settlement Platforms: Fedwire, DTC, and their role in UST settlement
- FICC Sponsored Clearing: Mechanics, onboarding, margining, and netting benefits.
Other beneficial skills and experiences:
- Experience working in large financial institutions or consultancies on clearing or collateral-management programmes.
- Hands-on exposure to triparty repo, collateral management, or liquidity/risk management.
- Practical experience of middle-office and clearing operations in broker-dealer or custodian environments.
- Project-management certification (Prince2, PMP, Agile) or equivalent change-delivery experience.
How We Work:
Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.
This is a hybrid position based in London, England. It is a 6-12 month fixed term contract with the potential to extend or transition to a permanent role. As the selection and interview process is ongoing, please submit your application in English as soon as possible. If your profile is shortlisted, a member of our team will contact you within four weeks. A valid UK work permit is mandatory for this role.
Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the client's offices or our own offices depending on the client) aligns to what our client's policies and expectations are and these vary. Most of our client's now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require.
Who We Are:
Delta Capita Group is a global managed services, consulting and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.
Our 3 offerings are:
- Managed Services
- Consulting & Solutions
- Technology
To know more about Delta Capita and our culture click here: Working at DC – Delta Capita.
Contact Detail:
Delta Capita Recruiting Team
We think you need these skills to ace Senior Business Analyst / Project Manager - US Treasury Clearing
How to prepare for a job interview at Delta Capita
✨Know Your Regulatory Stuff
Make sure you brush up on the U.S. Treasury Clearing Rules and how they impact business processes. Being able to translate regulatory text into actionable business requirements will show that you understand the core of the role.
✨Showcase Your Project Management Skills
Prepare examples from your past experiences where you've successfully led change initiatives. Highlight your project management certifications and how they've helped you manage complex projects effectively.
✨Engage with Stakeholders
Practice how you'll communicate with various stakeholders, especially senior leads in Front Office and Operations. Be ready to discuss how you’ve managed stakeholder expectations and facilitated collaboration across teams.
✨Demonstrate Analytical Prowess
Be prepared to discuss specific instances where your analytical skills have led to process improvements or efficiency gains. Use data and metrics to back up your claims, as this will resonate well with the interviewers.
